ChoiceOne Financial Services (COFS) Expected to Announce Earnings on Wednesday

Key Points

• ChoiceOne Financial Services is expected to report Q3 2026 earnings before market open on Wednesday, October 28. Analysts forecast earnings of $0.927 per share and revenue of $44.50 million; the earnings call is scheduled for October 30.
• The company’s previous quarter fell short of expectations, with EPS of $0.83 versus the $0.88 consensus and revenue of $41.64 million versus $43.45 million expected.
• COFS shares opened at $33.39, while analysts maintain a “Moderate Buy” consensus and an average price target of $36.50. ChoiceOne also pays a quarterly dividend of $0.29 per share, implying a 3.5% annual yield.

ChoiceOne Financial Services (NASDAQ:COFS - Get Free Report) is expected to release its Q3 2026 results before the market opens on Wednesday, October 28th. Analysts expect ChoiceOne Financial Services to post earnings of $0.9270 per share and revenue of $44.50 million for the quarter. Individuals may visit the company's upcoming Q3 2026 earnings report page for the latest details on the call scheduled for Friday, October 30, 2026 at 7:00 AM ET.

ChoiceOne Financial Services (NASDAQ:COFS - Get Free Report) last released its quarterly earnings results on Friday, July 24th. The company reported $0.83 earnings per share for the quarter, missing analysts' consensus estimates of $0.88 by ($0.05). The company had revenue of $41.64 million during the quarter, compared to analyst estimates of $43.45 million. ChoiceOne Financial Services had a net margin of 22.77% and a return on equity of 12.04%. On average, analysts expect ChoiceOne Financial Services to post $3.65 EPS for the current fiscal year and $3.78 EPS for the next fiscal year.

ChoiceOne Financial Services Price Performance

COFS opened at $33.39 on Wednesday. The firm has a market capitalization of $499.51 million, a P/E ratio of 9.20 and a beta of 0.61. ChoiceOne Financial Services has a 12-month low of $26.63 and a 12-month high of $35.40. The company has a quick ratio of 0.87, a current ratio of 0.87 and a debt-to-equity ratio of 0.71. The stock has a fifty day moving average of $33.32 and a 200-day moving average of $32.46.

ChoiceOne Financial Services Announces Dividend

The company also recently declared a quarterly dividend, which was paid on Wednesday, September 30th. Stockholders of record on Tuesday, September 15th were paid a dividend of $0.29 per share. The ex-dividend date of this dividend was Tuesday, September 15th. This represents a $1.16 dividend on an annualized basis and a dividend yield of 3.5%. ChoiceOne Financial Services's dividend payout ratio (DPR) is 31.96%.

Analyst Upgrades and Downgrades

Several equities analysts have weighed in on COFS shares. Weiss Ratings restated a "buy (b)" rating on shares of ChoiceOne Financial Services in a report on Friday, September 25th. DA Davidson upped their price target on ChoiceOne Financial Services from $36.00 to $38.00 and gave the stock a "buy" rating in a research note on Tuesday, July 28th. Finally, Hovde Group upped their price target on ChoiceOne Financial Services from $32.00 to $35.00 and gave the stock a "market perform" rating in a research note on Monday, July 27th. Two research analysts have rated the stock with a Buy rating and one has issued a Hold rating to the company's stock. According to MarketBeat, ChoiceOne Financial Services has a consensus rating of "Moderate Buy" and an average price target of $36.50.

ChoiceOne Financial Services Company Profile

ChoiceOne Financial Services, Inc is the bank holding company for ChoiceOne Bank, a community banking institution headquartered in Sparta, Michigan. The company serves individuals, families, farmers and businesses through a network of banking offices primarily located in western and southeastern Michigan.

ChoiceOne Bank offers a range of financial products and services, including checking and savings accounts, certificates of deposit, consumer loans, residential mortgages, commercial real estate financing and business loans.

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. Please send any questions or comments about this story to contact@marketbeat.com.